I would expect a range on daily as is case with divergences. Price is the way overextended and overbought. On monthly price went above 70 - the sign of reversal.
Right now price is above next week's PP. The retest of next week's weekly pivot is very likely scenario.
Right now price is above next week's PP. The retest of next week's weekly pivot is very likely scenario.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.